VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 04/16/12 — Rio Alto Mining Limited ("Rio Alto") (TSX: RIO)(OTCQX: RIOAF)(LMA: RIO)(DBFrankfurt: MS2) is pleased to announce that its La Arena Gold Mine poured 55,973 ounces of gold during the three months ended March 31, 2012. Sales of 55,327 ounces at an average realized price per ounce of $1,664 generated cash proceeds of $91.4 million. The mine site cash cost per ounce of gold produced(1) was $439. Total cash cost per ounce including
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 04/16/12 — Molycor Gold Corp. (TSX VENTURE: MOR)(PINKSHEETS: MLYFF)(FRANKFURT: M1V) ("Molycor" or the "Company") announces it has changed its name to Nevada Clean Magnesium Inc. and commencing at the opening on Wednesday, April 17, 2012, trading on the TSX Venture Exchange will be under the new symbol "NVM"."We believe the new name better reflects the Company-s focus on the development of its Tami Mosi Magnesium
LAS VEGAS, NV — (Marketwire) — 04/16/12 — Golden Phoenix Minerals, Inc., a Nevada corporation (the "Company" or "Golden Phoenix") (OTCBB: GPXM), has informed Scorpio Gold Corporation, a British Columbia corporation, and parent company of Scorpio Gold (US) Corporation, a Nevada corporation (collectively, "Scorpio"), that Scorpio is being replaced as Manager of the Mineral Ridge Gold, LLC, ("MRG"), the joint venture entity that owns and operates the Min
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 04/16/12 — First Mexican Gold Corp. (the -Company- or -FMG-) (TSX VENTURE: FMG)(FRANKFURT: 21M) -First Mexican Gold Corp., on a best efforts basis, is arranging a non-brokered private placement of up to $300,000 through the sale of one million units at 10 cents per unit. Each unit consists of one common share and one-half of one non-transferable share purchase warrant, with each whole warrant being exercisable at a price of 12 cents per share, fo
PERTH, WESTERN AUSTRALIA — (Marketwire) — 04/16/12 — Talison Lithium Limited ("Talison" or the "Company") (TSX: TLH) announced today that Peter Oliver, Chief Executive Officer and Managing Director, will present at the Byron Capital Markets 3rd Annual Electric Metals Conference, to be held in Toronto, Canada on April 19, 2012.For more information about the conference please contact Talison-s investor relations representative listed below.About TalisonTalison is a leading
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 04/16/12 — Further to its April 10, 2012 news release, Selwyn Resources Ltd. (TSX VENTURE: SWN) ("Selwyn" or the "Company") closed its $10 million principal amount ("Principal Amount") non-revolving secured debt facility (the "Debt Facility") for Selwyn-s wholly owned subsidiary, ScoZinc Limited ("ScoZinc") with Waterton Global Value, L.P. (the "Lender"). The proceeds under the Debt Faci
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 04/16/12 — Foundation Resources Inc. (TSX VENTURE: FDN)(FRANKFURT: 52F) -Drill Program Highlights:Foundation Resources Inc. ("Foundation" or the "Company") is pleased to announce the results from three more exploratory holes drilled within the southeastern claims of the Span Lake area of the Coldstream Property ("Property"), northwestern Ontario (Figure 1). These holes were drilled to test the IP anomaly targets (IP-
VANCOUVER, BRITISH COLUMBIA and LIMA, PERU — (Marketwire) — 04/16/12 — Rio Cristal Resources Corporation (TSX VENTURE: RCZ)(BVL: RCZ) ("RCR" or the "Company") announces that 2,550,000 incentive stock options have been granted to its directors and officers and to certain employees of the Company, on April 3, 2011, pursuant to the Company-s Stock Option Plan. The 5 year options were issued at a price of C$0.11 per option. One third of the options vest immediately; one thir
ST. JOHN-S, NEWFOUNDLAND AND LABRADOR — (Marketwire) — 04/16/12 — Vulcan Minerals Inc. ("the Company")(TSX VENTURE: VUL) is pleased to announce that it has entered into a Term Sheet agreement with its partner Investcan Energy Corporation (Investcan) to sell its 30% working interest in exploration licence 1107 offshore Labrador for a cash payment of $1.75 million on closing and "success" payments of $500,000 upon the spudding of a well on the exploration licence or the sa
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